DEV - here are some tips for you if you REALLY want to release a fair coin.
1. scale the blocks differently - make the first blocks worth LESS not more.
if you have low diff and high reward = instamine hell
huge farms with low latency rape the coins as we have seen today.
so the first 20k blocks worth only 5000 coins or however many blocks you think it will take to give the pools enough time to set up. Then bring the big 800k blocks out.
actually that is ALL you have to do, no other tips required.
Also if this coin really did not have POS - why was there a stake readout on the wallet?
Luckily this coin broke down, however what you saw happen here today is happening in the background on all coins. A few huge farms are taking everything and all of the noobs are getting some scraps. This coin actually forked or something because even confirmed coins vanished.
1. scale the blocks differently - make the first blocks worth LESS not more.
if you have low diff and high reward = instamine hell
huge farms with low latency rape the coins as we have seen today.
so the first 20k blocks worth only 5000 coins or however many blocks you think it will take to give the pools enough time to set up. Then bring the big 800k blocks out.
actually that is ALL you have to do, no other tips required.
Also if this coin really did not have POS - why was there a stake readout on the wallet?
Luckily this coin broke down, however what you saw happen here today is happening in the background on all coins. A few huge farms are taking everything and all of the noobs are getting some scraps. This coin actually forked or something because even confirmed coins vanished.
Ha! I was just coming here to make this exact post.
May I add,
Dev, if you can, make the difficulty re-target more aggressive and more intelligent. If you are able. Once that big farm leaves the difficulty needs to come down fast for the small miners. Else the coin will be dead again.
Good luck.
